New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-09
THE MONEY MARKET.

SUNDAY May S-p m
The United States Treasurer last week received from
customs a. 944 Os2 and from internal revenue Si228
s5s: total from both, $s,172435 against S6,362,47l
for the preceding week Yet Notwithstanding these
largo receipts which indicative OF the condition
of trade the Treasury's net balances were reduced
412 OF which 1881 was by checks on Its de-
posits in national banks The net reduction OF baancesn
ira own wants was Losses gold SS9O7O by
an issue of S949 100 certificates less gain OF $59O17
bullion and National bank notes, $il7o3l gains legal
tender notes SlS0s46, by gain of So1OSi6 notes less
$3.50 900 certificates issued and silver SlOl 307 by ac
emulation Of $147 1922 bullion and coin and $2Oool3
trade dollars $246o OPS certificates issued To the
reduction OF $o26,5s1 In the net cash In the Treasury
vaults are to be added $500 paid for the weekly pur
chase of silver and 200013 for redeemed trade dollars
giving S1726594 as the weeks expansion OF legal
money in general circulation. And these sums lncuoe
81 added TO the fund for redemption of National
bank notes. so that the Treasurys available balance was
reduced 81 6S3,5l3. f''
snbo,nod are fhe results OF Saturdays statement
pared wi of the statement OF April 81. 1851:
April 80 1887. May T. 1887. Differences
Gold coin and bull,
less certificates
S Ma $50 eo2 4s1 ssOOll7 2s ss9o7o3
uS nS.cs 20 225474 2o4oes2o Inc lsos4e
Nat hank notes. 34So653 3Oo2,722 Doc A103l
ps spsSS. mao eo747Se5 l57494s4 Dec 4,9s7,sSl
tiacsies. .7sls275s f7s 2si 600 Inc 1ol,3O7
Total, s2o3, 5Ss O76 si97, 6I4 26I Dec. sO.o24,4la
Deduct for funds
held n red'm Nat
blk notes, incldg
t tn pi 10 oe6Slo 1l2l55,441 Inc 1.s59,l3l
Net avail. balance sss,242s66 ssO35ss2S Dec s7.sSS54s
Non Legal tender tender o. sel OF 2sse54s5 Inc 1888
roalbalance $40, 44S sii22542ss Dec. s7s7ol55
Includes s, 9e2.4S5 redeemed trade dollars
includes 9, l 81, las redeemed trade dollars
The weeks changes In the amounts OF Government
bonds on deposit with the United States Treasurer Tor
account of National banks as follows: Held for
secnrty OF National bank Observation-Disclosures, S24l2-
600 per cents; deposits, S190750 per cents, and
s74375O 4la per cents; Withdrawals, Sl,477,SOO
Held for security of Government deposits in National
hanks-deposts, $4,000 per cents and $3l5,0OO q
per cents; Withdrawals $2650O per cents; net de-
posits SlO5. 600 The net reduction in National bank
note circulation 1891 ,945 for the week
Yesterdays bank statement looks much ike an effort
TO eauaze inconsistencies and mysteries OF the pre-
cedinY two statements The statement issued on
April % surprise In showing contraction In loans
of SIS $50 100 and consequent decrease In deposits OF
be accepted that the figures substantially correct
Another surprise when the statement OF April 30
showed further contraction In loans OF ~ lOO30O and
gain In deposits OF $5O47O whereas the other
called for decrease OF 81, 495 600 This mixed matters
up pretty we'll But yesterdays statement shows an ex
pansion OF sos 400 In loans loss In cash OF Tl3sO
300 whe the Sub Treasury paid out S15o oO and the
known interior movements Indicated receipts OF some
500 900 more and the deposits which By the other re-
ported changes should be increased only OOO
reported as Increased S4947300 As purveyor OF In
ments Yesterdays exhibit is absolutely worthless and
its issuance without explanation is dcredable TO the
Clearing House.
fhasAo NJ flac o